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Higher palm prices boost IndoAgri's Q2 profit
Published Fri, Jul 25, 2014 · 10:00 PM
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Singapore
HIGHER prices for palm products gave a boost to Indofood Agri in the second quarter, as its net profit more than tripled.
For the three months ended June 30, its profit attributable to shareholders rose to 224 billion rupiah (S$24.1 million), up from 65.9 billion rupiah a year ago.
Earnings per share (EPS) for the quarter and half year are 1.7 and 3.1 Singapore cents respectively, up from 0.5 Singapore cent and 1.3 Singap…
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